Latest News
Dovehouse Capital, founded by Danish entrepreneurs Claus Gotthard and Martin Rasmussen, is set to become what the team calls Abu Dhabi’s first locally established hedge fund, and it has big AUM expectations, according to a report by Spear’s.
Eleanor Sharkey, Citadel’s head of business development for international equities since 2022, has left the firm. She played a key role in hiring for the London equities team, though her next move is unclear, according to a report by eFinancial Careers.
The Securities and Exchange Commission has appointed David Woodcock, a partner at Gibson Dunn, to head its enforcement unit, according to a report by the FT. Woodcock previously led the SEC’s Fort Worth office, which faced criticism for its handling of the $7bn Allen Stanford Ponzi scheme.
Hedge funds posted their largest losses since March 2020 as the US-Israel conflict with Iran triggered a spike in oil prices and an historic surge in volatility, coupled with steep declines across equity and fixed income markets, according to data from HFR.
The International Monetary Fund has warned that emerging markets (EMs) are increasingly exposed to volatile, non-bank sources of capital, such as hedge funds, making them more sensitive to global shocks like the ongoing Iran conflict, according to a report by the Financial Times.
ICAP, part of the TP ICAP Group, a provider of financial markets infrastructure and data solutions, has launched a new global Dry Forward Freight Agreement (FFA) Desk, expanding its freight derivatives capabilities.
Bloomberg Indices has expanded its commodity coverage with the launch of the BCOM Global Commodity Singles Indices (BCOM Global Singles), offering investors granular exposure to individual commodities across global markets.
European equities are stepping into the spotlight as hedge funds rethink their global strategies amid an uncertain macroeconomic backdrop.
Macro-focused hedge funds suffered heavy losses in March as escalating conflict in the Middle East disrupted energy markets and upended inflation and interest rate expectations, according to a report by Bloomberg citing industry sources.
Boston-based hedge fund Sirios Capital Management has partnered with iM Global Partner (iMGP) to launch the iMGP Sirios Absolute Return Fund R EUR HP PR UCITS ETF (SARF), marking Europe’s first ETF to include a performance fee, according to a report by ETFStream.
